LightSquared’s Proposed Auction Format Is Improper, Lenders Say

Sept. 18 (Bloomberg) -- LightSquared Inc.’s proposed
auction format for a sale of its wireless spectrum assets is
improper and could foil a $2.22 billion offer from a unit of
Charlie Ergen’s Dish Network Corp., a group of lenders said.

Link to Company News:{DISH US <Equity> CN <GO>}
Link to Company News:{HRG US <Equity> CN <GO>}